The cost of the merchandise sold

Reference no: EM131017344

Journalize the transaction using Perpetual & Periodic Inventory System: Sold merchandise on account $5,500, FOB destination, terms 1/10, n/30.The cost of the merchandise sold was $4,100. Paid $240 freight on April 4 sale.

Reference no: EM131017344

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The cost of the merchandise sold : Journalize the transaction using Perpetual & Periodic Inventory System: Sold merchandise on account $5,500, FOB destination, terms 1/10, n/30.

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